Rare Earth Metals Video: Another ‘Oil Crisis’ Knocking On the Door!
(5 votes, average: 4.80 out of 5, rated)Hard to believe, but green is going to soon be the new black! As we’re trying to break free from the Middle East energy dependence, another pit hole is opening up: Rare Earth Elements.
A major ingredient in all kinds of technology: phones, computers, smart cars, military equipment, wind turbines, cancer treatments and many more.
China, currently the only major producer of Rare Earth Metals, could be greatly decreasing its exports, and rumors say that it could even HALT them.
As the government seems to be clueless again, our only hope remain several rare earth development stage companies:
Ucore Rare Metals, Inc. PINK:UURAF
Medallion Resources Ltd. PINK:MLLOF
Rare Element Resources Ltd. NYSE:REE
Molycorp, Inc NASDAQ:MCP
Lynas Corp. Ltd. . PINK:LYSDY; PINK:LYSCF
Alkane Exploration NL PINK:ALKEF
Greenland Minerals and Energy Ltd. PINK:GDLNF
…to develop quicker.
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